European Stocks Up 1% on US‑Iran Talks

European equity indices rose on Tuesday, with Stoxx 600 up 1%, DAX 1.2%, CAC 40 1.1%, FTSE 100 0.2%.
Brent crude fell 1.5% to $97.88/barrel and WTI dropped 3.4% to $95.78, though both remain above pre‑war levels.
Reuters‑cited U.S. official said talks with Iran have forward momentum; President Trump noted contact from Iranian officials, easing sentiment.
LVMH said the Middle‑East conflict cut at least 1% from group sales, dampening luxury sector overall recovery hopes.